SME
topic on 6 shows · 11 statements across 10 episodes
We Live to Build 
the Neon Show 
A Product Market Fit Show 
Capital Allocators 
Top Founders 
20VC
11 statements about SME, every show
Boland: UK spends $7.5B annually on R&D tax credits across 55k SMEs
“We're currently investing about seven and a half billion dollars a year in R&D tax credits for SMEs in 55,000 companies per annum in the UK.”
Chopra: VCs refused to touch SMB SaaS startups in 2011
“After the angel round, we had a very hard time raising any VC then to top up because no one wanted to touch SME back then. So SME was kind of a dirty word, right? The SME businesses really did not make money. SaaS for SMBs was just not there yet, especially th…”
Lundberg: SME Acquisitions Currently Trade At 4.5x To 5.5x Earnings
“At the moment we're seeing deals in, in, you know, the SME space of between four and a half and five and a half generally.”
Bagaria: Indian startups and SMEs are actively pursuing female workforce retention
“Earlier, it was usually just the large MNCs that were driving this change. Now it's like every Indian company also, SMEs, startups, all of them are coming to us and talking to us, then how do we get more women in and how do we get more women to stay and rise?”
Zandiyeh: Uzbek banks ignore SMEs despite driving 60% of GDP
“If you look at the banking sector, effectively, 80% of that banking sector only does corporate and government lending. There's no real retail banking. There's no real banking to small to mid-sized businesses. Small to mid-sized businesses are about 60% of the …”
Open Acquires SME Customers Using Financial Automation, Not Neobank Labels
“So we have always taken an approach of financial automation as entry point, as a hook to actually get a customer rather than telling him, okay, this is another new bank. So we don't even talk about it.”
Open Users Average ₹75 Lakhs Turnover, With 55% in Manufacturing
“It is probably businesses in our platform today also. They are like more than an average if you take around 75 lakhs of annual turnover. And these are like, you know, a B to B trader, a distributor, a manufacturing, you know, we also have freelancers. For exam…”
B2B tech thrives in India because SME buyers are heavy personal tech consumers
“The reason being that each of these B to B buyers, whether it's SMEs or mid market companies, the buyers themselves are also consumers of technology products. So if you are a consumer of a technology product personally, by nature, you would want to see more te…”
Small Businesses Prefer Automated Execution Over Analytics and Data Insights
“When we first started is we tried to provide insights and guidance. We found that the SMEs just didn't have the bandwidth for it. So we would promote, like, stop advertising on Twitter. It's not working for you. Your product's better on Instagram. You're seein…”
Logz.io enterprise pricing starts at $50K, scaling to hundreds of thousands.
“One of them is the SMB. Usually would pay about 10 K, 10 to 15 K a year for the product. And on top of it, we have what we call SME, small, medium enterprise would usually pay 50 K per year minimum, and then would go to a few hundred K's for the high end enter…”